This Dell Analyst Begins Coverage On A Bullish Note; Here Are Top 5 Initiations For Tuesday
Portfolio Pulse from Avi Kapoor
Top Wall Street analysts initiated coverage on several companies, including Dell Technologies, Lightspeed Commerce, JAKKS Pacific, Definitive Healthcare, and Innodata. Dell received an Outperform rating with a $135 price target, while Lightspeed, JAKKS Pacific, and Definitive Healthcare received Buy ratings. Innodata also received a Buy rating but saw a share price decline.
September 17, 2024 | 1:10 pm
News sentiment analysis
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NEUTRAL IMPACT
Craig-Hallum analyst George Sutton initiated coverage on Innodata with a Buy rating and a $23 price target. Shares fell 4.6% to $14.98.
Despite the Buy rating and a high price target, the share price decline suggests market skepticism or other negative factors.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 100
POSITIVE IMPACT
Mizuho analyst Vijay Rakesh initiated coverage on Dell Technologies with an Outperform rating and a $135 price target. Dell shares rose 1% to $115.40.
The Outperform rating and a price target significantly above the current share price suggest positive sentiment and potential for price appreciation.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
BTIG analyst David Larsen initiated coverage on Definitive Healthcare with a Buy rating and a $7 price target. Shares closed at $4.44.
The Buy rating and a price target significantly above the current share price indicate potential for upward movement.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 100
POSITIVE IMPACT
B. Riley Securities analyst Eric Wold initiated coverage on JAKKS Pacific with a Buy rating and a $37 price target. Shares rose 1.4% to $23.81.
The Buy rating and a price target significantly above the current share price suggest potential for price appreciation.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 100
POSITIVE IMPACT
Benchmark analyst Mark Palmer initiated coverage on Lightspeed Commerce with a Buy rating and a $20 price target. Shares increased by 1.8% to $12.85.
The Buy rating and a price target significantly above the current share price indicate potential for upward movement.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 100